RE: 20261 Jan 2026 13:55
Drusus, I fully agree. There have been some posters over the past year that I have blocked because they came every day to make negative predictions and comments. and to purposely clutter the board with insults and arguments. I can see some of them are still about from the other comments but gladly I no longer see what they are writing. Yes, it is painful to watch your investment crater, as it did for many here from 2021-2024 but that is the market, the JV exit was painful for all investors and OMI management. Long-term holders will know that I was the most critical of how that was managed at the time, but I as we all did, had a decision to make - is this the end or not? When the price fell under 8p to 2p I bought aggressively tripling my position, because I was confident that there would be a solution, OMI had a very strong legal position as I articulated on this board on many occasions. The exit was protracted and painful because of the time it takes to make decisions on the big corp side, but the price decline was a mistake that anyone could have rationalised bought into, I know DrR and many did, instead of selling their shares and blaming OMI.
I hope to see much less negativity in 2026 and those who sold should chalk it up as a learning experience in their investing journey - we have all sold where we should have bought in hindsight - asking ourselves what we can do differently next time is the only way to move forward.
Happy New Year to all holders.